1
The Daily Cut and Thrust / Re: The Real Mundane Moments not Ingos sh!t Copy
Last post by karlmark -Electricity isn't something that can be left to market forces because it cannot respond quickly enough, and the profit motive is not readily apparent unless you are Elon Musk. The investment required to make electricity production sustainable simply cannot be left to private enterprise.
The economic model of Public Goods of which you speak is outdated and broken, belonging to a time before railways and industrialisation. No economic model can come close to covering the externalities involved with electricity production. The private sector simply doesn't have the correct motive to supply what is a basic human need.